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Hi, there is a 4-plex I'd like to buy. However the asking price is a rich $920,000. I figured out based on NOI, that if I put 3.5% down as an owner occupied FHA loan, that all I can afford to offer is $500,000. He pos...
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Hello I starting a new passion in life in real estate and I was told that starting tax lien properties is a great way to create cash flow. I wanted to know what would be the first step for going in this direction
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Hi all, I am an entry level investor (own my house with a mother-in-law) and am looking to buy my first true rental property. Since I live in Seattle, where prices are crazy, I am looking out of state. Currently, I ...
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As I read posts, comments, reviews, etc about crowdfunding, I am increasingly coming to a swift realization. And it is that most people have hijacked the term "crowdfunding" and use it almost synonymously to mean "inv...
What is the downside to purchasing a multi unit (28 units) building (currently approx 90+% rented), if rates rise, and the economy slows? I heard on podcast 3 that the guest lost millions in the 2008 downturn. I am g...
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Dear Experts. Please read. Please help.My wife and I need sincere, honest, hard-truth advice from a real RE expert. Someone that can truly point us in the right direction without anything to gain.Any advice or feedba...
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I have many posts and blogs about my extreme dislike for Income Taxes. I've been working on last years' return and I may end up paying something. That is very frustrating and I committ to work harder in the future to ...
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So.........................................Here's the deal.
I know a really really really smart guy. He's what I'd call an 'actual expert' for Bank Of America.
Well, recently, I went to him and said, handle all my...
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Dear BP Community,
It all looked so good on paper, and then when the project started things did not go according to plan...
I'm dealing with a painful first flip that I still haven't sold yet but purchased in Octob...
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hoping this is appropriate, In the past my x husband and I flipped about 9 for closures. For the past 4 years I have been renting with my two teenage kids and one dog. The home I'm renting is a young home. Built in 92...